TSE:FTS

Fortis Inc. (FTS.TO)

77.99
-0.13 (0.17%)
as of Aug 12, 2026, 1:36:12 pm Market Open.
1461 watching
0
Investor Insights
star iconAug 11, 2026, 12:00 am

This summary was created by AI, based on 10 opinions in the last 12 months.

Fortis Inc. (FTS-T) is viewed as a favorable utility investment by several analysts, primarily for its stable dividend yield of around 3.2% and its solid growth prospects, which continue at a rate of 5-7%. While most reviewers emphasize its reliability and exceptional management, concerns regarding its valuation persist, with many experts suggesting that the current price of $72-73 is on the higher side considering its mid-single-digit growth potential. Some analysts recommend holding off on purchasing until the stock dips below $70, suggesting that although it's well-regarded, the entry point is crucial to maximizing returns. Despite recent performance, a couple of reviewers express a preference for alternative utility options, indicating that while Fortis is a strong long-term hold, it may not provide the capital growth some investors are seeking at this time.

consensus icon
Consensus
Hold
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Valuation
Fair Value
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Similar
EMA
PAST TOP PICK
(A Top Pick Mar 23/07. Up 7%.) There has been a pickup in the last few weeks because of a rush to quality and a rush to reliable dividends in the utilities. Has a fine history. Fairly aggressive expansion.
PAST TOP PICK
(A Top Pick March 23/07. Up 4% including dividends.) A good sensible blue chip.
BUY
(Market Call Minute.) Utility regulated and defensive. Runs on a shoestring.
BUY
If you are going to own equities through a difficult economy and market, yield is something you should look at. There are a bunch of companies in the Canadian market that have hung on pretty well. Look at TransCanada (TRP-T), Transalta (TA-T), Fortis (FTS-T) or an Enbridge (ENB).
BUY ON WEAKNESS
Have had a good growth profile for quite awhile. Stock is in a channel on an upward trend. Short-term momentum indicators are saying the stock is a little bit ahead of itself so you might see it back off a little. Try to buy at its support level of around $27.91.
DON'T BUY
Hasn't liked utilities for some time. Given the weakness in interest rates, the stocks have done very well, but he has difficulty in paying 18X or 19X earnings for a yield.
TOP PICK
One of the best utility managements in Canada. Has the feeling that they are just about set to roll again. Yield of 3.5% is not bad.
BUY
Nice defensive name with a decent dividend yield. Trades at reasonable earnings. Can be somewhat illiquid. Well diversified.
TOP PICK
3.1% yield. A very seasonal business. An excellent long term play on western Canadian resource strength. Great management.
BUY
This is a great time to be looking at utilities in general. They don't have a lot of growth, but are sensitive to interest rate movements. US is starting to lower interest rates.
BUY
He owns it and has been adding to it. Hold if you own. The company has been adding more assets in the west and he believes there will be more growth. 3.1% yield. This is a buying opportunity.
DON'T BUY
Has always thought that for a utility company it is quite expensive at 20X earnings. Doesn't really grow at 20%, so she doesn't see the point of owning it.
PAST TOP PICK
(A Top Pick Sept 5/06. Up 1.5%.) Canada's growth utility stock. The theme was yield and this paid 3.3%. Made a good acquisition, which will lead to accretive earnings. Good growth potential.
HOLD
A long-term hold. Was bid up to a very high level at the beginning of the year but is now coming down to a more reasonable price.
BUY
Interest-rate sensitive, so the stock has been dropping. Good stock for long-term investors. Dividend increase has been very strong.
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